Enterprise Carbon Accounting (ECA) is a new type of software that simplifies tracking greenhouse gas emissions. It's thought that ECA software can play a major part in stopping greenwashing if it’s as widely accepted as the use of traditional financial accounting software. There are really five key things that are going to help increase adoption:
- Government regulations
- Adoption of carbon accounting
- Expansion of accounting standards
- Economic incentives
- Informed consumers.
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